Banks must speak to Main Street now if US Libor transition is to succeed, argue ARRC working group leaders
Weighted average corporate borrower PD across countries climbed to 2.15%
However, over three months to end-January, set-asides dropped dramatically
Majority of delinquent loans are mortgages
Banks and regulators are second-guessing the policy response to new outbreaks
Weighted average corporate borrower PD across countries climbed to 2.04%
Probability of defaults for retail exposures edged up only slightly quarter-on-quarter
Anticipated loan losses for commercial loans up 39% on end-2019
Negative rates ease path for compounded Saron home loans without lags or lookbacks
Risk Awards 2020: Big deals and big ideas have helped transform stress-test laggard to leader
Total amount of toxic assets stood at $953 million at end-June
Retail loan portfolio doubles year-on-year to $5 billion
Ratio of toxic assets to total loans fall 19% quarter-to-quarter
Retail A-IRB assets grow 12% quarter to quarter
The approach to the measurement of credit risk recommended by the new Basel Capital Accord (Basel II) gives a wide choice of basic risk estimators. However, the rules for estimating asset correlations are defined in an ambiguous manner.
More than 1,000 investment firms and 9,322 banks will implement the EU's capital adequacy directive, according to Patrick Pearson, head of banking and financial conglomerates unit of the internal markets division of the EU Commission.